L’Oreal CEO Says Cosmetics Maker Ready to Buy Nestle's Stake By French company repeats that it has funds for such a deal Activist investor Dan Loeb has called for Nestle to sell L’Oreal is ready to buy Nestle’s stake in the company, CEO Jean-Paul Agon says. L’Oreal SA Chief Executive Officer Jean-Paul Agon said the French cosmetics company is ready to buy Nestle SA ’s 23 percent stake as some investors pressure the Swiss food maker to offload it...